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Oil prices slip as US-Iran talks ease tensions, inventory draw limits losses

- Markets take cues from news that negotiations over Iran's nuclear program are set to take place Friday in Muscat, Oman's capital

09:57 Oil

Oil prices steady as US-Iran diplomacy offsets Middle East tensions

- Washington is negotiating with Iran 'right now,' says US President Donald Trump

04.02.2026 Oil

Oil prices fall as easing US-Iran tensions prompt profit-taking

- Prices came under pressure as markets focused on renewed diplomatic activity between Washington and Tehran, easing fears of supply disruptions from the Middle East

03.02.2026 Oil

Weekly crude prices edge 5% higher amid geopolitical risks, US supply disruptions

- US-Iran tensions and severe US winter weather tighten supply and lift risk premiums, while expectations of Venezuelan output hike and other non-OPEC producers cap gains

31.01.2026 Oil

Crude slips as Washington relaxes Venezuela oil sanctions

- Markets digest Venezuela sanction relief while watching Iran tensions, OPEC+

30.01.2026 Oil

Oil gains as US threats against Iran raise fears of supply disruptions

- Concerns over possible US military intervention against Iran raise supply disruption fears, while falling crude inventories, output losses and Fed interest rate stance add support to market

29.01.2026 Oil

Winter storm lifts oil prices as US supply tightens

- Gulf Coast outages and weaker dollar buoy crude

28.01.2026 Oil

Oil edges higher on US-Iran tensions

- Prices tick up as rising geopolitical risks in Middle East lift risk premiums, while strong non-OPEC supply growth and surplus concerns limit gains

26.01.2026 Oil

Crude edges higher for week as geopolitics offset supply glut

- Market sentiment lifted by geopolitics despite inventory builds

23.01.2026 Oil

Trump’s Iran warning lifts oil prices despite rising US inventories

- Supply risk fears offset demand concerns in oil markets

23.01.2026 Oil

home > related news

Oil prices slip on Arctic tensions, Fed concerns

- Easing trade tensions support oil prices, though lingering Arctic geopolitical risks limit gains

22.01.2026 Oil

Oil prices extend gains on trade tensions, geopolitical risks

- US tariff threats layer onto existing geopolitical risks and continue to influence price movements

21.01.2026 Oil

Oil slightly changed on China growth data as markets weigh Trump's tariff threats

- Prices weighing signs of resilient Chinese demand against rising geopolitical and trade-related risks

20.01.2026 Oil

Oil prices slip as Iran strike fears ease

- US president aborts planned military strikes against Iran due to combination of diplomatic progress, logistical hurdles, and significant pushback from key regional allies

19.01.2026 Oil

Oil prices rise on reduced risk of near-term Iran conflict

- Market sentiment improves after reports that Israel and several Arab partners urged Trump to delay any military action against Iran, warning against broader regional conflict

16.01.2026 Oil

Oil edges lower as easing geopolitical risks and rising US inventories weigh

- Commercial crude oil inventories up by around 3.4 million barrels last week, defying market expectations for draw of about 1.7 million barrels

15.01.2026 Oil

Oil prices rise on Fed policy expectations, Latin America supply concerns

- US actions involving Venezuela and Cuba lift oil prices by heightening perceptions of risk to global oil supply

12.01.2026 Oil

US oil rig count down between Dec. 30-Jan.9

- Number of US oil rigs fall by 71 compared to one year ago

10.01.2026 Oil

Geopolitics and inventories lift oil prices despite oversupply concerns

- Geopolitical tensions and US crude draw support prices, capping downside from Venezuela

09.01.2026 Oil

Oil slips on renewed oversupply concerns despite geopolitical risks

- Prospects of Venezuelan supply return and mixed US inventories weigh on prices

09.01.2026 Oil

Rising demand and AI expansion strain global electricity systems

Türkiye's Akkuyu nuclear plant to integrate country into global nuclear industry

Akkuyu nuclear power plant moves toward first commissioning phase next year

US consul general says energy is key to $100B US-Türkiye trade goal

Türkiye says power system strong amid European blackout

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Climate change protestors block world’s largest coal export port in Australia

US to invest $625M to expand coal industry

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Global coal demand to remain on a plateau in 2025 and 2026: IEA

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Saturday, Nov. 29

Spot market natural gas prices for Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Venezuela exports 1st LPG shipment as Chrysopigi Lady sets sail for global markets

Türkiye's LPG production down 18.3% in November 2025

Türkiye's LPG production up 2.89% in October

Sri Lanka in talks with Moscow to build LNG terminal, modernize refinery to use Russian oil

US oil rig count up for week ending Dec. 26

Türkiye to deploy AI in oil and gas exploration

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count down by 8 for week ending May 23

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

US oil rig count up by 2 for week ending Sept. 5

US oil rig count down by 9 for week ending April 11

Oil giants' profits slide 15.1% to $182.1 billion in January-September

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Türkiye expects 1st offshore wind tenders by end of year

GWEC head sees Türkiye as future hub for global renewable supply chain

Energy transition technologies offer new opportunities for global energy systems, IRENA says

WindEurope appoints former Belgian Energy Minister Tinne Van der Straeten as CEO

Energy transition technologies offer new opportunities for global energy systems, IRENA says

Türkiye, UAE advance $1B deal for Nigde solar power plant

QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

Global solar set for record year after 64% growth in first half of 2025

Syrian army moves towards Tishrin Dam southeast of Manbij

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Libya, Türkiye ties hold strong potential for expanded financial, trade cooperation

Rising demand and AI expansion strain global electricity systems

Norway's sovereign fund boosts Türkiye investments over $1.7B

Energy transition technologies offer new opportunities for global energy systems, IRENA says

WindEurope appoints former Belgian Energy Minister Tinne Van der Straeten as CEO

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Energy transition technologies offer new opportunities for global energy systems, IRENA says

Slovenia, Dominican Republic voice confidence in Türkiye's hosting of COP31

Türkiye achieves strongest performance in wind energy in last 15 years

IRENA kicks off Pre-Assembly Day ahead of 16th Assembly

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1